⭐⭐⭐Imagine you know something's going to be worth $100,000 in a few months, but it's currently priced at $71,000. If you had a chance to buy it for $60,000, you probably wouldn't wait for it to drop to $45,000. People would rush to buy at $55,000 because it's a good deal. So, the chances of Bitcoin dropping to $45,000 are low.
💥💥People who bought Bitcoin at $55,000 to $65,000 won't sell it at $45,000. But if you're trading with borrowed money, you need to be careful. If you're worried it could hurt you financially, it might be best to close the trade. Sometimes, taking a loss is better for future gains.
💥💥Saying "You won't lose anything if you don't sell" isn't meant for leveraged trading. It's more for long-term holders or short-term traders who aren't using borrowed money. Short-term traders believe the price will go back up to $70,000, maybe quickly or in a few months. Long-term holders plan to keep Bitcoin for at least 5 years because they think Bitcoin will become the next global currency as the US dollar weakens. #Trendingtopic
Faiza Khan
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Bikovsko
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